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*Official* Silver/Gold thread

Safe Dude said:
I hope when it goes its a long hard run !
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Kind of, I think that I'll likely be using my "profits" to buy land I can grow food on, at that point.

I think the most undervalued things we have now are cheap silver cheap protein, cheap electricity, cheap diesel, and cheap clean water. Even at these current prices.

I can only use and store so much electricity, fuel, water and protein, so I stack silver for the next chapter.
 
[486] said:
don't buy it here, an upcoming chapter in the book is nationalizing the assets of the kulaks
I've read this story before.
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Well, that should be a whole nother thread, but there would be a host of considerations of what to buy and where.
 
Projectjunkie said:
Kind of, I think that I'll likely be using my "profits" to buy land I can grow food on, at that point.

I think the most undervalued things we have now are cheap silver cheap protein, cheap electricity, cheap diesel, and cheap clean water. Even at these current prices.

I can only use and store so much electricity, fuel, water and protein, so I stack silver for the next chapter.
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The only problem I see with silver is it’s not very portable. I believe gold will always be able to trade for silver, but you can carry a large value in your pocket.
 
WaterH said:
The only problem I see with silver is it’s not very portable. I believe gold will always be able to trade for silver, but you can carry a large value in your pocket.
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Yes and no

I really don't plan on going anywhere without my pickup truck:laughing:

But you make a point of a fella needed to cross a border on foot or get on a plane with just the clothes on his back.

In no way do I intend to be in the last group of people just now realizing it's time to panic, I figure I'll be a year ahead of the masses

If I wound up having to leave on foot, I'd trade for gold at whatever that exchanged at, at that time. Or I'd buy a boat and take whatever I needed:homer:


Imo there's a lot of time between now and then, and I believe silver will go up 5x and then track with gold
 
So I would like to buy some more gold. The question is at what price. It maybe at $2500 now, but it will certainly float up and down as always. When I bought most of my gold at $1300, I said it will never go below $1000. I did go down to $1100. I didn’t want to buy anymore right then.

When it went up to $1800 and floated for awhile, I remember thinking it will never go below $1500 again. I don’t think it did. I bought a couple ounces. (Should have bought more)

Now it’s at $2500. What would be the new floor? $2000? I’m thinking of waiting for $2100 and buying. Is that too low of an expectation? Maybe I should buy at $2200?
 
gunracer1 said:
I'm thinking about cashing all mine in. and my silver also.
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I think it's going to skyrocket soon with the way everything is going . the dollar will be tanking with brix coming and .Gov can't seam to quit printing $$$ ,hang on to that shit !
 
Safe Dude said:
I think it's going to skyrocket soon with the way everything is going . the dollar will be tanking with brix coming and .Gov can't seam to quit printing $$$ ,hang on to that shit !
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Or the fed implements gov.coin currency to replace cash....

gunracer1 said:
so is tipping strippers, but i still do it.
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Sir, quit throwing pennies at the girls.
 
WaterH said:
Now it’s at $2500. What would be the new floor? $2000? I’m thinking of waiting for $2100 and buying. Is that too low of an expectation? Maybe I should buy at $2200?
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I guess the new floor is $2400. If it ever goes there, I’m buying.

gunracer1 said:
so is tipping strippers, but i still do it.
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Tip strippers dollars not gold. (Because they go down)
 
Well I've listed some of my silver locally to see if get any bites. Its going up and I'm going to need some cash for a ring soon. Good a time as any to see if I can move some.

Not sure its worth listing on FBMP - anyone sold PMs on there? I buy and sell a lot but the does the average FBMP user know what they are doing?
 
kf4zht said:
Well I've listed some of my silver locally to see if get any bites. Its going up and I'm going to need some cash for a ring soon. Good a time as any to see if I can move some.

Not sure its worth listing on FBMP - anyone sold PMs on there? I buy and sell a lot but the does the average FBMP user know what they are doing?
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what are you selling and how close to spot. I dont necisarilyfollow silver on fbmp bit have noticed that people either want way to much or are dumping at spot.
 
2big bronco said:
what are you selling and how close to spot. I dont necisarilyfollow silver on fbmp bit have noticed that people either want way to much or are dumping at spot.
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Got some rounds and bars for about $.5-1 over spot but thats shrinking as the spot increases. Some maple leaves and ATBs for less than apmex but a premium over spot.
 
Ive sold some silver eagles for $45.00 shipped and getting it without any grumbles.
 
kf4zht said:
Got some rounds and bars for about $.5-1 over spot but thats shrinking as the spot increases. Some maple leaves and ATBs for less than apmex but a premium over spot.
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Go on jmbullion and see what they will give you. Ill bet its fair and close to what you want. I have several friends that have sold to them.
 
2big bronco said:
Go on jmbullion and see what they will give you. Ill bet its fair and close to what you want. I have several friends that have sold to them.
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That's interesting. Sell them back their own product. In a lot of my purchases anyway...
 
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